Yesterday, in a stunning move, (former) Disney CEO Bob Iger announced that he would step down from his position, effective immediately. However, Iger isn’t going anywhere – at least not for a while – where he plans to finish out his contract through 2021, where he’ll be focusing on an entirely different sector within the company.
Iger will have his hands directly on the Disney film studio, their brand-new streaming service Disney+, and ESPN – with the goal of maintaining the lasting empire of Disney, making it safe and secure before he sails off into the twin suns of retirement.
His passion for storytelling was undoubtedly behind his decision to step down as the head of Disney, when he expressed those intentions via a surprise conference call yesterday afternoon.
“Storytelling is at the heart of what we do. Getting everything right creatively would be my number one goal when I leave at the end of 2021. I couldn’t do that if I was still running the company day to day.”Bob Iger
Bob Chapek will take the reigns as Disney’s seventh ever CEO, but Iger will not leave the new Disney-head hanging – where the two will form a master and apprentice like relationship moving forward. Chapek is excited to be taking on this new challenge, expressing great respect for his predecessor.
“I am incredibly honored and humbled to assume the role of CEO of what I truly believe is the greatest company in the world. Bob Iger has built Disney into the most admired and successful media and entertainment company, and I have been lucky to enjoy a front-row seat as a member of his leadership team.”Bob Chapek
Exciting times are ahead for the Disney franchise, especially within the arena of Star Wars storytelling. With the Disney + streaming service covering the visual side of things and Project Luminous spear-heading the print side, the franchise appears to be in great hands moving forward – where Iger will still be heavily involved with the very empire he helped build.